Fixed Asset Accounting Lead

Lennox International•Richardson, TX

10h•$95,000 - $125,000

About The Position

Driven by 130 years of legacy, HVAC and refrigeration success, Lennox provides our residential and commercial customers with industry-leading climate-control solutions. At Lennox, we win as a team, aiming for excellence and delivering innovative, sustainable products and services. Our culture guides us and creates a workplace where all employees feel heard and welcomed. Lennox is a global community that values each team member’s contributions and offers a supportive environment for career development. Come, stay, and grow with us. The Fixed Assets Analyst Lead is responsible for leading and executing end-to-end fixed asset accounting activities, ensuring accuracy, timeliness, and compliance with company policy and U.S. GAAP. This role serves as a subject matter expert for capitalization, depreciation, asset transfers/retirements, impairments, project accounting (CAPEX), and fixed asset reporting. The Lead partners cross-functionally with Finance, Operations, Project Managers, and IT to ensure fixed assets are properly recorded, supported, and controlled. The position also supports process improvements, automation, and internal controls/SOX compliance, and may oversee or mentor junior analysts or offshore/onshore resources.

Requirements

Bachelor’s degree in Accounting or Finance.
5+ years of progressive accounting experience with significant fixed asset experience.
Strong understanding of fixed asset accounting concepts (capitalization rules, useful lives, depreciation, impairments, disposals, CIP).
Experience with month-end close, reconciliations, and preparing journal entries.
Ability to communicate clearly with cross-functional partners and explain accounting concepts in practical terms.
SOX control environment and audit support experience.
Prior experience leading workstreams, mentoring others, or coordinating offshore/onshore resources.

Nice To Haves

ERP experience such as SAP FI-AA (strongly preferred), Hyperion
CPA or progress toward CPA a plus

Responsibilities

Lead monthly fixed asset close activities including depreciation, additions, retirements, transfers, CIP (Construction in Progress), and reconciliation of fixed asset subledger to the general ledger.
Review capitalization requests and ensure proper classification by asset type, useful life, and depreciation method in accordance with policy and GAAP.
Manage asset lifecycle activities including transfers between locations, retirements/disposals, write-offs, and sale of assets.
Ensure accurate accounting for CIP, including timely capitalization, project status tracking, and coordination with business partners for in-service dates, prepare and/or review monthly rollforwards.
Prepare and/or review fixed asset journal entries, supporting schedules, reconciliations and variance explanations.
Support quarterly and annual financial reporting requirements and footnote disclosures as applicable.
Maintain strong documentation standards and ensure compliance with internal controls and SOX requirements. Own or support key fixed asset controls.
Identify, recommend, and implement process improvements to streamline fixed asset activities, improve cycle time, and strengthen accuracy (including automation opportunities).
Create and maintain SOPs, and training materials; ensure knowledge transfer across team members.
Train new employees and coordinate work with shared services resources; ensure deliverables meet quality and timeline expectations.
Participate in system upgrades, integrations, and testing impacting fixed asset accounting.